Minimally Invasive Surgery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Minimally Invasive Surgery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global minimally invasive surgery market size reached US$ 49.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 73.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028.

A minimally invasive surgery utilizes surgical techniques that limit the size and number of cuts or incisions during an operation with the help of small tools, cameras and lights. This procedure is much safer in nature as compared to traditional open surgery as it results in fewer complications, quicker recovery, minimal blood loss, good results and shorter hospital stays. Due to these factors, these surgeries are gaining popularity amongst surgeons as well as patients all over the world. They are mostly being used for cardiothoracic, orthopedic, vascular and neurological surgical procedures.

Market Drivers:
Rising geriatric population across the globe coupled with the increasing prevalence of arthritis, cancer and cardiovascular diseases is impelling the demand for these surgeries as they are associated with fewer risks and minimal procedural trauma.
These procedures are now being performed with the help of robotic technology which allows precise control over the surgery. This has resulted in higher success rates of these procedures which, in turn, is bolstering the market growth.
Technologically advanced products, such as narrow-band imaging endoscopes, and HD cameras have been introduced by manufacturers which are creating a positive outlook for the industry worldwide.
As these surgeries aid in reducing post-operative pain and offer fast recovery, numerous surgeons are now performing them in their own clinics. Therefore, the rising number of physician-owned ambulatory surgical centers (ASCs) is providing impetus to the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global minimally invasive surgery market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, application and end-user.

Breakup by Product Type:

Surgical Devices
Laparoscopy Devices
Monitoring and Visualization Devices

Breakup by Application:

Bariatric Surgery
Breast Surgery
Cardiac Surgery
Cosmetic Surgery
Gastrointestinal Surgery
Gynaecological Surgery
Orthopedics and Spine Surgery
Thoracic Surgery

Breakup by End-User:


Breakup by Region:

North America
Asia Pacific
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Zimmer Biomet Inc., Medtronic Inc., GE Healthcare, Intuitive, Eximis Surgical, Stryker Corporation, Arthrex, B. Braun, Bauer Medical, Check-Cap, Cook Medical, OmniGuide, Inc., Orthofix Holdings,Inc, Pentax, Philips Healthcare, RF System, Smith & Nephew, TransEnterix, Virtual Ports, etc.

Key Questions Answered in This Report:

How has the global minimally invasive surgery market performed so far and how will it perform in the coming years?
What are the key regional markets in the global minimally invasive surgery industry?
What has been the impact of COVID-19 on the global minimally invasive surgery industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end-user?
What are the various stages in the value chain of the global minimally invasive surgery industry?
What are the key driving factors and challenges in the global minimally invasive surgery industry?
What is the structure of the global minimally invasive surgery industry and who are the key players?
What is the degree of competition in the global minimally invasive surgery industry?
What are the profit margins in the global minimally invasive surgery industry?

1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.2Key Industry Trends
5 Global Minimally Invasive Surgery Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Breakup by Product Type
5.5Market Breakup by Application
5.6Market Breakup by End-User
5.7Market Breakup by Region
5.8Market Forecast
6 Market Breakup by Product Type
6.1Surgical Devices
6.1.1Market Trends
6.1.2Market Forecast
6.2Laparoscopy Devices
6.2.1Market Trends
6.2.2Market Forecast
6.3Monitoring and Visualization Devices
6.3.1Market Trends
6.3.2Market Forecast
7 Market Breakup by Application
7.1Bariatric Surgery
7.1.1Market Trends
7.1.2Market Forecast
7.2Breast Surgery
7.2.1Market Trends
7.2.2Market Forecast
7.3Cardiac Surgery
7.3.1Market Trends
7.3.2Market Forecast
7.4Cosmetic Surgery
7.4.1Market Trends
7.4.2Market Forecast
7.5Gastrointestinal Surgery
7.5.1Market Trends
7.5.2Market Forecast
7.6Gynaecological Surgery
7.6.1Market Trends
7.6.2Market Forecast
7.7Orthopedics and Spine Surgery
7.7.1Market Trends
7.7.2Market Forecast
7.8Thoracic Surgery
7.8.1Market Trends
7.8.2Market Forecast
7.9.1Market Trends
7.9.2Market Forecast
8 Market Breakup by End-User
8.1.1Market Trends
8.1.2Market Forecast
8.2.1Market Trends
8.2.2Market Forecast
8.3.1Market Trends
8.3.2Market Forecast
9 Market Breakup by Region
9.1North America
9.1.1Market Trends
9.1.2Market Forecast
9.2.1Market Trends
9.2.2Market Forecast
9.3Asia Pacific
9.3.1Market Trends
9.3.2Market Forecast
9.4Middle East and Africa
9.4.1Market Trends
9.4.2Market Forecast
9.5Latin America
9.5.1Market Trends
9.5.2Market Forecast
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1Zimmer Biomet Inc.
14.3.2Medtronic Inc.
14.3.3GE Healthcare
14.3.5Eximis Surgical
14.3.6Stryker Corporation
14.3.8B. Braun
14.3.9Bauer Medical
14.3.10 Check-Cap
14.3.11 Cook Medical
14.3.12 OmniGuide, Inc.
14.3.13 Orthofix Holdings,Inc
14.3.14 Pentax
14.3.15 Philips Healthcare
14.3.16 RF System
14.3.17 Smith & Nephew
14.3.18 TransEnterix
14.3.19 Virtual Ports

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